The United States is interested in upgrading energy security in the Eastern Mediterranean, said US Undersecretary of State for European and Eurasian Affairs Erica Olson during the Economist Summit in New York. Asked about the prospect of building the EastMed gas pipeline, she said: “We are just interested in upgrading energy security in the Eastern Mediterranean and in Europe in general.”
In this context, Ms. Olson noted that the United States supports the energy security of Greece and that it manages almost half the volume of liquefied natural gas imports to our country. He added that the US is working with the EU on its energy diversification and has committed to additional supplies of liquefied natural gas, which will reach 15 billion cubic meters by the end of 2022.
More broadly, he underlined that the US relations with the countries of the Eastern Mediterranean are at a historically high level, emphasizing the importance of the 3 + 1 figure (Greece, Cyprus, Israel + USA). He referred to the strong US-Greek defense ties, as reflected in the five-year extension of the Mutual Defense Cooperation Agreement (MDCA), and stressed that the two countries’ armed forces continue to strengthen their interoperability. Finally, he spoke of the crisis in Ukraine, referring to a barbaric war by Vladimir Putin, which not only poses a threat to collective security, but has also led to a refugee, food and energy crisis.
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
